India's automotive sector is poised for a significant transformation as the country accelerates its transition to electric vehicles (EVs). In a move that reflects this shift, Dhoot Transmission, a company backed by global private equity firm Bain Capital, is betting big on the growing demand for EVs to drive its growth. With the Indian government setting ambitious targets to increase the adoption of EVs, Dhoot Transmission is well-positioned to capitalize on the opportunity. As the country's EV market is expected to experience rapid expansion in the coming years, Dhoot Transmission's strategic move is likely to pay off, making it an interesting development to watch in the Indian automotive sector.
Bain Capital-backed Dhoot Transmission bets on India EV shift to drive growth Yahoo News Singapore
